Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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BTC

i think we have one more fakeout to the upside before going down

leaning towards a reclaim here of prev Monday low before targeting range high

after which, likely to be a fakeout of the daily resistance trendline

then we'll test and likely break 26k from there

if you're a trader/ prefer more updates on market movement thoughts, do join my ft chatroom (fan or friend) as we have a few active traders in there as well 🤝
$LINK

link has been outperforming in the recent days despite choppy markets

+ tons of link marines shilling on CT

is it finally time for the accumulation breakout?

hope you've been accumulating some frens

uponly.jpg

first post on accumulating link here: https://news.1rj.ru/str/cryptomumbles/2983
to note:

link usually pumps into SmartCon (2 Oct) and retraces after

makes an idea for a short term trade

but if you're looking for a longer term position to accumulate, might be better to wait for a few weeks after
Could Telegram be the first crypto-native superapp that we've been looking for?

#reads

https://x.com/joel_john95/status/1706989524109119994?s=20
Top 10 Decentralized Perp Dexes by Trading Volume (30D)
BTC

entire upmove faded

big flush of OI, while spot buys remain high (relatively)
Ethereum hackathon observations: the market is heading towards composable middleware

https://x.com/betashop/status/1707035964822978784?s=20
What Makes Successful Trading

- Be able to discern useful information from disinformation
- Have the confidence to not conform
- Hedge instead of timing the market
- If a trade is widely talked about, it is likely that the market has already priced in
- You either be the first to act on new information, or act slowly by carefully considering the following:
1) How early am I to receive this information in comparison to other people?
2) If I do not think I am early, then under what circumstances is this not priced in?

amazing read, highly recommended

#reads trading

https://thanefield.capital/what-makes-successful-trading/